The Bangko Sentral ng Pilipinas (BSP) will host the 2017 Awards Ceremony and Appreciation Lunch for BSP Stakeholders in Region X and CARAGA who have continuously supported its statistical initiatives, information requirements, advocacy programs as well as the effective delivery of its functions. Focusing on the theme Transforming Shared Visions into Dynamic Partnership, the event will be held on Tuesday, 10 October 2017, from 10:00 a.m. to 1:00 p.m at The Mallberry Suites Business Hotel, OsmeAa St., Cagayan De Oro City as part of the BSP's 24th anniversary celebration. The awards ceremony will be led by Monetary Board Member Valentin A. Araneta.

The BSP will give 15 awards to outstanding partners: for the Information Support category�two for the Business Expectations Survey (BES), and two for Sources of Information for the Report on Regional Economic Developments; and for the Advocacy Support category�six for the Currency Programs of the BSP, three for Implementing BSP Advocacy on the Conduct of Public Information Campaigns, and two Gold Hall of Fame Awards will be given to the outstanding partners who won in the same award category for three consecutive years.

The award for Outstanding Respondent among Large and Medium Firms and the Outstanding Respondent among Small Firms will be conferred to the BES respondents selected from among the country's top corporations in Region X and Caraga who have participated regularly in the survey by providing timely, complete, accurate and consistent responses. The Outstanding Partner for the Report on Regional Economic Developments will be awarded to the agencies or institutions that provided the BSP with information support for an effective environment scan of the region. Meanwhile, the Outstanding Regional Partner for Currency Programs will be given to the agencies or institutions that supported the BSP's currency programs and advocacies in Region X and Caraga such as the clean note policy, coin recirculation and demonetization of the new design series. Lastly, the Outstanding Regional Partner for Implementing BSP Advocacy on the Conduct of Public Information Campaigns will be awarded to the agencies or institutions that supported the BSP's public information campaigns conducted in the region.

This occasion is the 11th leg of the BSP's regional stakeholders' events in 12 areas outside the National Capital Region (AONCR) to honor stakeholders in various award categories. Stakeholders of the BSP in the National Capital Region were earlier recognized during the awards ceremony held last 11 July 2017 at the BSP Main Complex, Manila.

The awards ceremony is expected to further strengthen the partnership between the BSP and its stakeholders in achieving a more efficient and effective means of gathering information and the conduct of advocacy campaigns to carry out its ultimate goal of safeguarding price stability and promoting a healthy financial system as well as ensuring an efficient payments and settlement system in the country.

Source: Bangko Sentral ng Pilipinas (BSP)